Historical Year Data · 2022
5-Year Note Auction High Yield in 2022
5-Year Note Auction High Yield opened 2022 at 1.53% and closed at 3.97%, a +159.17% move for the year. The high of 4.23% was reached on September 27, and the low of 1.53% on January 25.
Open
1.53%
2022-01
Close
3.97%
12 data points
High
4.23%
Sep 27
Low
1.53%
Jan 25
Full Year Change
+159.17%
2021 Change
+197.88%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 1.53% | 1.53% | 1.53% | 1.53% | +0.00% |
| Feb | 1.88% | 1.88% | 1.88% | 1.88% | +0.00% |
| Mar | 2.54% | 2.54% | 2.54% | 2.54% | +0.00% |
| Apr | 2.79% | 2.79% | 2.79% | 2.79% | +0.00% |
| May | 2.74% | 2.74% | 2.74% | 2.74% | +0.00% |
| Jun | 3.27% | 3.27% | 3.27% | 3.27% | +0.00% |
| Jul | 2.86% | 2.86% | 2.86% | 2.86% | +0.00% |
| Aug | 3.23% | 3.23% | 3.23% | 3.23% | +0.00% |
| Sep | 4.23% | 4.23% | 4.23% | 4.23% | +0.00% |
| Oct | 4.19% | 4.19% | 4.19% | 4.19% | +0.00% |
| Nov | 3.97% | 3.97% | 3.97% | 3.97% | +0.00% |
| Dec | 3.97% | 3.97% | 3.97% | 3.97% | +0.00% |
Events During 2022
2022 Fed Rate Hiking Cycle
Stagflation
March–December 2022
The Fed raised rates 425bps in 2022, the fastest hiking cycle since the Volcker era. The 60/40 portfolio posted its worst year since 1937.
2022 UK Mini-Budget & Gilt Crisis
Stagflation
September 23 – October 14, 2022
UK Prime Minister Liz Truss's September 23, 2022 mini-budget triggered a collapse in sterling and gilts. LDI pension strategies faced forced liquidation. The Bank of England intervened to prevent financial instability.
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